Ryanair

Ryanair Holdings plc
Founded1984 (1984)
Operating bases
Subsidiaries
Fleet size607[citation needed]
Destinations235[10]
Traded as
HeadquartersSwords, Dublin, Ireland
Key people
RevenueIncrease 13.44 billion (2024)[10]
Operating incomeIncrease €2.061 billion (2024)[10]
Net incomeIncrease €1.917 billion (2024)[10]
Total assetsIncrease €17.18 billion (2024)[10]
Total equityIncrease €7.614 billion (2024)[10]
Employees27,076 (2024)[10]
Websiteryanair.com
Ryanair DAC
IATA ICAO Call sign
FR RYR RYANAIR
Founded28 November 1984 (1984-11-28)[11]
Commenced operations8 July 1985 (1985-07-08)
Parent companyRyanair Holdings PLC
HeadquartersSwords, Dublin, Ireland
Key peopleEddie Wilson (Ryanair DAC CEO)
FoundersChristopher Ryan | Tony Ryan | Liam Lonergan

Ryanair is an Irish ultra low-cost carrier group headquartered in Swords, Dublin, Ireland.[12] The parent company Ryanair Holdings plc includes subsidiaries Ryanair DACTooltip Designated activity company,[13] Malta Air, Buzz, Lauda Europe and Ryanair UK. Ryanair DAC, the oldest airline of the group, was founded in 1984.[11] Ryanair Holdings was established in 1996 as a holding company for Ryanair with the two companies having the same board of directors and executive officers.[14] In 2019 the transition began from the airline Ryanair and its subsidiaries into separate sister airlines under the holding company.[15] Later in 2019, Malta Air joined Ryanair Holdings.[16]

Ryanair has been characterised by its rapid expansion, a result of the deregulation of the aviation industry in Europe in 1997 and the success of its low-cost business model. The group operates more than 500 planes.[17] Its route network serves over 40 countries in Europe, North Africa (Morocco and the Middle East (Israel, Jordan and Turkey).[18] The primary operational bases are at Dublin, London Stansted and Milan Bergamo airports.[19] Ryanair is Ireland's biggest airline[20] and in 2016 became the world's largest airline by scheduled international passengers.[21] Almost all the group's fleet are Boeing 737s.

The company has at times been criticised for its refusal to issue invoices for the VAT-exempt services it provides (airfares),[22] poor working conditions,[23][24][25] heavy use of extra charges,[26][27][28] poor customer service,[29][30] and tendency to intentionally generate controversy in order to gain publicity.[31][32][33]

  1. ^ "Ryanair to relaunch at Billund Airport with 26 destinations". The Local. 5 May 2021.
  2. ^ a b c "Ryanair Opens Three New Bases In Greece For Summer '21 | Ryanair's Corporate Website". corporate.ryanair.com. 24 March 2021.
  3. ^ "Ryanair Closes Frankfurt Am Main Base". ryanair.com. 7 January 2022. Retrieved 7 January 2022.
  4. ^ "Ryanair announces new base in Riga for Winter '21 with two based aircraft and 16 new routes". 28 April 2021.
  5. ^ "Ryanair to start flying from Arlanda this autumn". The Local. 6 May 2021.
  6. ^ "Ryanair Announces New Base At Venice Treviso". ryanair.com. 4 December 2020. Retrieved 4 December 2020.
  7. ^ "New Ryanair Base At Venice Marco Polo Airport". ryanair.com. 7 October 2021. Retrieved 7 October 2021.
  8. ^ "Ryanair Opens A New Zadar Base For Summer '21 | Ryanair's Corporate Website". corporate.ryanair.com. 30 March 2021.
  9. ^ "Ryanair Announces New Base In Zagreb | Ryanair's Corporate Website". corporate.ryanair.com. 30 March 2021.
  10. ^ a b c d e f g "FY 2024 Annual Report (Form 20-F)". US Securities and Exchange Commission. 27 June 2024.
  11. ^ a b Aldous, Richard (2013). Tony Ryan: Ireland's Aviator. Gill & Macmillan Ltd. p. 80. ISBN 978-0-7171-5781-5.
  12. ^ "Ryanair Holdings Public Limited Company". lei-ireland.ie. Retrieved 17 September 2023.
  13. ^ "Registered address and VAT number". ryanair.com. Retrieved 14 September 2023.
  14. ^ "FORM 20-F" (PDF). Ryanair. p. 61. Retrieved 29 October 2023.
  15. ^ "Ryanair to transition to group structure in 2019". ch-aviation. Retrieved 17 September 2023.
  16. ^ "Malta Air – Ryanair's new Malta-based airline officially established in Malta". gov.mt. 11 June 2019. Retrieved 29 October 2023.
  17. ^ "Latest Register and Monthly Changes". www.iaa.ie. Irish Aviation Authority. 30 January 2023. Retrieved 5 April 2023.
  18. ^ "About us". Ryanair.com. Retrieved 5 April 2023.
  19. ^ Efthymiou, Marina; Christidis, Panayotis (1 July 2023). "Low-Cost Carriers route network development". Annals of Tourism Research. 101: 103608. doi:10.1016/j.annals.2023.103608. ISSN 0160-7383.
  20. ^ "Largest airports and airlines in Ireland". Worlddata.info. Retrieved 17 September 2023.
  21. ^ O'Halloran, Barry (25 August 2016). "Ryanair carries more international passengers than any other airline". Irish Times. Retrieved 2 April 2017.
  22. ^ [1] Portugal's Fiscal Authority unable to make Ryanair provide invoices, Jormal de Notícias, in Portuguese, Retrieved 06.10.2022.
  23. ^ Cite error: The named reference Employee1 was invoked but never defined (see the help page).
  24. ^ Cite error: The named reference Employee2 was invoked but never defined (see the help page).
  25. ^ Cite error: The named reference Employee3 was invoked but never defined (see the help page).
  26. ^ Cite error: The named reference Charges1 was invoked but never defined (see the help page).
  27. ^ Cite error: The named reference Charges2 was invoked but never defined (see the help page).
  28. ^ Cite error: The named reference Charges4 was invoked but never defined (see the help page).
  29. ^ Cite error: The named reference Which1 was invoked but never defined (see the help page).
  30. ^ Topham, Gwyn (5 January 2019). "Ryanair ranked 'worst airline' for sixth year in a row". The Guardian.
  31. ^ Cite error: The named reference Stunt1 was invoked but never defined (see the help page).
  32. ^ Cite error: The named reference Stunt2 was invoked but never defined (see the help page).
  33. ^ Davies, Rob (24 September 2017). "Michael O'Leary: a gift for controversy and an eye on the bottom line". The Observer. Retrieved 19 September 2019.

Ryanair

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